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Australian (ASX) Gold Industry Analysis

UpdatedMay 24, 2024
DataAggregated Company Financials
Companies163
  • 7D-2.4%
  • 3M22.6%
  • 1Y20.7%
  • YTDn/a

Over the last 7 days, the Gold industry has dropped 2.4%, driven by a pullback from Northern Star Resources of 3.3%. Meanwhile, Resolute Mining actually outperformed within the industry, gaining 11% in the last week. Over the past 12 months, the industry was up 21%. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

Has the Australian Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 May 2024AU$59.1bAU$17.1bAU$1.2b21.5x49.8x3.5x
Sun, 21 Apr 2024AU$60.4bAU$17.2bAU$1.2b24x50.1x3.5x
Tue, 19 Mar 2024AU$51.9bAU$16.9bAU$1.3b18.1x40.6x3.1x
Thu, 15 Feb 2024AU$48.0bAU$15.6bAU$276.3m22.5x173.6x3.1x
Sat, 13 Jan 2024AU$74.4bAU$22.9bAU$1.3b23.5x55.3x3.2x
Mon, 11 Dec 2023AU$74.3bAU$22.9bAU$1.4b22.2x55x3.2x
Wed, 08 Nov 2023AU$71.5bAU$22.9bAU$1.4b23.2x52.9x3.1x
Fri, 06 Oct 2023AU$66.2bAU$23.1bAU$1.4b20.9x48.2x2.9x
Sun, 03 Sep 2023AU$70.2bAU$22.8bAU$1.5b19x47.8x3.1x
Tue, 01 Aug 2023AU$69.6bAU$22.3bAU$542.0m17.8x128.5x3.1x
Thu, 29 Jun 2023AU$68.8bAU$22.4bAU$562.2m17.3x122.4x3.1x
Sat, 27 May 2023AU$69.0bAU$22.5bAU$603.4m18.3x114.4x3.1x
Mon, 24 Apr 2023AU$76.1bAU$22.3bAU$571.2m18.4x133.2x3.4x
Wed, 22 Mar 2023AU$67.2bAU$22.3bAU$575.2m15.8x116.9x3x
Fri, 17 Feb 2023AU$63.8bAU$20.8bAU$1.2b18.3x55.2x3.1x
Sun, 15 Jan 2023AU$68.0bAU$20.7bAU$1.1b19.8x59.2x3.3x
Tue, 13 Dec 2022AU$60.7bAU$21.0bAU$1.2b17.5x51.1x2.9x
Thu, 10 Nov 2022AU$56.5bAU$21.3bAU$1.2b14.6x45.4x2.7x
Sat, 08 Oct 2022AU$52.1bAU$21.3bAU$1.3b15.3x41.5x2.4x
Mon, 05 Sep 2022AU$48.9bAU$20.7bAU$1.5b11.2x32x2.4x
Wed, 03 Aug 2022AU$55.2bAU$19.2bAU$2.1b8.5x25.8x2.9x
Fri, 01 Jul 2022AU$50.9bAU$19.3bAU$2.2b8.6x23.4x2.6x
Sun, 29 May 2022AU$65.0bAU$19.1bAU$2.2b9.8x29.6x3.4x
Tue, 26 Apr 2022AU$75.2bAU$19.0bAU$2.2b13.3x34.7x4x
Thu, 24 Mar 2022AU$71.3bAU$18.6bAU$2.2b11.3x32.6x3.8x
Sat, 19 Feb 2022AU$66.0bAU$18.4bAU$2.6b11.2x25.2x3.6x
Mon, 17 Jan 2022AU$65.5bAU$18.4bAU$3.0b10.6x21.7x3.6x
Wed, 15 Dec 2021AU$62.9bAU$18.5bAU$3.1b10.3x20.5x3.4x
Fri, 12 Nov 2021AU$66.8bAU$18.3bAU$3.0b11.5x22.1x3.7x
Sun, 10 Oct 2021AU$62.4bAU$18.4bAU$3.0b10.7x20.9x3.4x
Tue, 07 Sep 2021AU$63.6bAU$18.0bAU$3.2b9.5x20.2x3.5x
Thu, 05 Aug 2021AU$66.8bAU$18.0bAU$3.1b11.4x21.3x3.7x
Price to Earnings Ratio

24.5x


Total Market Cap: AU$73.3bTotal Earnings: AU$3.0bTotal Revenue: AU$17.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Gold Industry Price to Earnings3Y Average 58.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 49.8x which is lower than its 3-year average PE of 58.1x.
  • The industry is trading close to its 3-year average PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have declined 27% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Australian Gold compare with similar industries?

AU Market-0.91%
Materials-0.35%
Metals and Mining0.30%
Gold-2.41%
Aluminum2.90%
Precious Metals and Minerals2.16%
Steel1.59%
Diversified Metals and Mining0.37%
Silver-0.53%
Copper-3.67%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
RSG Resolute MiningAU$0.5210.6%
+AU$106.5m
10.6%PE11.2x
PNR PantoroAU$0.089-2.2%
AU$87.8m
29.0%PS3.8x
PRU Perseus MiningAU$2.442.5%
+AU$82.4m
33.0%PE7x
AGC Australian Gold and CopperAU$0.5175.9%
+AU$48.9m
880.8%PB4.4x
CYL Catalyst MetalsAU$1.0821.3%
+AU$42.1m
41.2%PS1.5x
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Latest News

STK

AU$0.11

Strickland Metals

7D

13.4%

1Y

144.4%

CYL

AU$1.08

Catalyst Metals

7D

21.3%

1Y

41.2%

DEG

AU$1.10

De Grey Mining

7D

-5.6%

1Y

-15.1%

PNR

AU$0.089

Pantoro

7D

-2.2%

1Y

29.0%

CMM

AU$4.59

Capricorn Metals

7D

-3.6%

1Y

12.2%

PRU

AU$2.44

Perseus Mining

7D

2.5%

1Y

33.0%

EMR

AU$3.62

Emerald Resources

7D

-5.0%

1Y

82.8%

RED

AU$0.45

Red 5

7D

-4.3%

1Y

210.3%

SPR

AU$0.71

Spartan Resources

7D

3.6%

1Y

472.0%

RSG

AU$0.52

Resolute Mining

7D

10.6%

1Y

10.6%

GMD

AU$1.78

Genesis Minerals

7D

-4.8%

1Y

54.1%

NST

AU$14.21

Northern Star Resources

7D

-3.3%

1Y

13.2%